Desai Samir 4

What Happened
Samir Desai, EVP & Chief Digital & Technology Officer of Abercrombie & Fitch (ANF), had 3,918 restricted stock units convert into common shares on March 11, 2026. Of those, 1,936 shares were surrendered/withheld to cover tax withholding at an implied price of $87.28 per share, totaling $168,974. The transaction is a vesting/settlement of RSUs (not an open-market purchase or discretionary sale).

Key Details

• Transaction date: 2026-03-11 (filed with the SEC on 2026-03-16 — appears to be filed later than the usual 2-business-day Form 4 deadline).
• Actions reported: M = conversion/exercise of derivative (3,918 RSUs converted into shares); F = shares withheld for tax (1,936 shares disposed at $87.28, value $168,974).
• Footnotes: F1 — each restricted stock unit (RSU) represents a contingent right to one share; F2 — RSUs vest one-third per year starting on the first anniversary of the grant.
• Shares owned after the transaction: not specified in the filing.

Context
This was a routine RSU vesting and tax-withholding event (a cashless-like settlement), not an open-market sale or purchase that signals new trading intent. The withheld shares simply satisfied tax obligations tied to the vesting.